No Tuition Hike and Reduced Out-of-State Fees for 2014-15
Contact: Gabrielle Maxey
June 20, 2014 - The Tennessee Board of Regents has approved two proposals from the
University of Memphis that will keep maintenance fees (in-state tuition) flat for
the upcoming academic year and will also significantly reduce the amount out-of-state
students pay to attend the U of M.
After an average increase of 7.3 percent over the last 10 years, University officials
proposed that maintenance fees, commonly referred to as tuition, remain flat for 2014-15.
This marks the first time in 22 years that all U of M students will not see a tuition
“Affordability is a key component of our strategy to encourage more students to attend
the University of Memphis and complete college on time,” said President M. David Rudd.
“The University has always been a great educational value, but it is an even better
Today’s historic announcement means that undergraduate in-state students taking a
full academic course load of 12 hours at the U of M will continue to pay $7,056 per
year, plus mandatory fees of $1,563. In-state graduate students taking at least nine
hours will pay $8,298 a year, plus any additional mandatory fees.
In another important development, the Board of Regents also approved the University’s
proposal to reduce tuition for out-of-state students, including a special reduction
for students living within 250 miles of Memphis.
Under the new 250-R program, undergraduate students who graduated from a high school
in the 250-mile radius will now pay $12,456 a year (plus mandatory fees), an almost
$10,000 reduction from last year’s amount of $21,768.
All students, regardless of classification, who live outside of the 250-mile radius will also see a reduction in out-of-state tuition. Full-time
undergraduate students will pay $3,000 less for an annual cost of $18,768. Full-time
graduate students taking nine hours of classes a semester will see their out-of-state
fees drop to $17,082 from $19,476. All out-of-state students enrolled at the U of
M’s Cecil C. Humphreys School of Law will see their tuition reduced from $37,864 to
$23,852. Mandatory fees will be in addition to out-of-state tuition.
All changes take effect this fall and apply to already admitted students, as well
as new students.
“The reduction in out-of-state fees will allow us to be more competitive so we can
educate and retain more students in the Memphis area upon graduation,” said Rudd.
Current data shows that 54 percent of out-of-state students attending the University
of Memphis remain in the region after graduation.
All U of M students, regardless of their classification or where they reside, will
still have to pay $307 more in mandatory fees for 2014-15. The increase was approved
by the Student Government Association for the purpose of building a new student recreation
center. Mandatory fees are designated for special expenses such as debt service, student
activities and technology access, and are separate from maintenance fees/tuition.
The University estimates that the new plan will have a projected impact of $1.7 million.
Rudd said this will be offset by enrollment growth, organizational realignment, cost
savings and other efficiency measures that are already underway.
Metropolitan areas located within the U of M’s proposed 250-mile zone include Little
Rock, St. Louis, Birmingham, Ala., and Jackson, Miss. New out-of-state fees approved
by TBR do not apply to students who live in the border counties of Crittenden County,
Ark., or DeSoto, Tate, Tunica and Marshall counties in Miss., since they already attend
the U of M at in-state rates.
The U of M, which graduates more than 4,000 students a year, enrolled 21,480 students
in 2013-14. It has had record application numbers this spring, surpassing 10,000 for
the first time in its history. As of last week, more than 10,500 students had applied
for first-time admission in fall 2014.
Maintenance fees (in-state) and out-of-state tuition for full-time students
(and border counties)
|Fees in 2013-2014
||Fees for 2014-15
(within 250-mile radius except border counties)
(outside of 250 miles)
Data supplied by the University of Memphis